RBD
Regular DivergenceRegular Divergence signifies either a correction to the trend or after further confirmation, a complete reversal of the trend.
Regular Divergence is identified by comparing price action (PA) to the Relative strength index indicator (RSI).
Regular Bearish Divergence (RbD) occurs when price action forms a higher high (HH) but the RSI indicator forms a lower high (LH).
RbD is confirmed by the candle close below the previous candle low.
BASIC
The entry price is taken from the candle close.
The stop loss price is taken from the candle high.
The target is set at 1-2RR.
The trade is closed at the target price.
ADVANCED
50% of the position is closed at target.
The stop loss price is moved to the entry price.
The Long hedge position is the size of the initial short position.
The hedge entry price is taken from the candle close.
The stop loss price is taken from the previous swing low.
The target is set at 1-2RR.
50% of the position is closed at target.
The stop loss price is moved to the entry price.
EURCHFRBD
LOOK LEFT PRICE MORE ORDERS TO BE COLLECTED AT THE TOP BEFORE BEARISH MOMENTUM GAINS TRACTION
GBPJPY - Zones to watch to get Long this week Price has been pushing higher this past week.
On the 4hr we have had a solid DBR which leads me to believe we could see some pull before price pushes higher.
This does look like it could set up for a RBD back into the the 145.700 level which is where I will place an order to get long.
Target areas to watch would de a daily Supply level at 152.00 and the we have a Weekly supply at 153.00 however the Daily level has yet to be tested
Peluang sell EUR/AUDHarga pada pasangan EUR/AUD saat ini berada pada daerah RBD supply. Dimana kemungkinan besar harga akan melanjutkan turun hingga ke daerah demand yang ditandai.
Terima kasih
AUDUSD Hourly thoughtsCurrent thoughts on Hourly AUDUSD.
If you have any charts on AUDUSD and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader
AUDCHF Daily idea for coming week.AUDCHF is in a nice uptrend right now, yet it hit recent highs not too long ago and then made a nice drop back down to demand, Price is going back and forth right now in between a range, both Sell and Buy oppertunitys can easily be grabbed on Lower time frames. AUDCHF could go up and if it breaks the previous highs we can see a significant increase in price. Yet it is also very possible to drop lower from this point, this could also be to grab more liquidity for the upmove.
If you have any charts on AUDCHF and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader
